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SOLANA 200% Potential After Inverse Head & Shoulder Pattern ?
SOL / TetherUS
Long
SOLANA 200% Potential After Inverse Head & Shoulder Pattern ?
By CryptoPatel
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Apr 29, 2023
2
6
5
5
Apr 29, 2023
SOL/USDT Technical Analysis Update
= SOL is currently trading at
23
level.
= The chart indicates a breakout at $22.50 with a successful retest at $20.50.
= Our stop loss is marked at $19.26.
= We are bullish on SOL, with an entry point between
23
-
21
and targets at
3
35
,
46
,
5
57
, and $82.
= The Inverse Head & Shoulder pattern indicates a potential target of
66
, a 200% move from the breakout level.
= The technical analysis suggests that SOL is a bullish cryptocurrency with strong potential for an upward move.
= Investors should conduct their own research and risk analysis before making any investment decisions.
= Disclaimer: This post is not financial advice.
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